1 bedroom apartment for sale

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1 bedroom apartment for sale

New Park Road, London
£87,000

Price History

Initial price £93,000
29/10/25 £87,000
Price Change -6.45%

Description

This modern one-bedroom flat in Brixton is available for purchase through shared ownership, with a 30% share priced at £87,000 and a minimum 5% mortgage deposit required. The property features a bright and airy living space, a separate kitchen, modern bathroom, and a good-sized double bedroom, as well as a private balcony. With excellent transport connections and local amenities, including shops, cafes, and restaurants, this is an ideal location for first-time buyers. The property is leasehold with 103 years remaining and service charges are estimated to be £346.31 per month. To be eligible for shared ownership, applicants must meet certain criteria, including having a household income of £90,000 or less and a deposit of at least 5% of the share value. Alternatively, the property can be purchased outright for £290,000.